Lloyds Enterprises Limited held its 40th Annual General Meeting (AGM) on Thursday, July 9, 2026, where Chairman and Managing Director, Mr. Babulal Agarwal, delivered his speech. He expressed gratitude to shareholders and stakeholders for their unwavering support, which has been crucial to the company's growth over the past four decades. The Chairman highlighted the company's robust financial performance for the financial year ended March 31, 2026. At the consolidated level, Lloyds Enterprises Limited achieved a Total Income of approximately ₹2,200 crores, with standalone income at about ₹800 crores. The standalone Profit After Tax saw a significant improvement, rising to ₹268 crores from ₹16 crores in FY25. Key business segments showcased strong performance. The real estate division, through Lloyds Realty Developers Limited, has nearly 14 million square feet of upcoming projects and is set for a separate listing. Lloyds Engineering Works Limited, a material subsidiary, reported its highest-ever revenue and profit after tax in FY26, contributing to a group order book of approximately ₹8,000 crores and a 44% profit before tax growth. Lloyds Metals and Energy Limited, the flagship mining and metals company, is strengthening its integrated operations and has diversified into the copper sector in the Democratic Republic of Congo (DRC). Significant corporate actions were also detailed, including the successful completion of a Rights Issue, the utilization of funds for the issue's objectives, and progress in converting partly paid-up shares. The company also advanced the implementation of a Scheme of Merger among group entities, which is expected to enhance operational efficiencies and shareholder value, having received approvals from NSE, BSE, and SEBI, with an application filed with the NCLT. Furthermore, an Employee Stock Option Plan (ESOP) was introduced to foster a performance-driven culture. In a strategic move, Lloyds Enterprises Limited announced the acquisition of a strategic stake in Steel Infra Solutions Company Limited (SISCOL), aiming to control around 88% of the company through the group, thereby strengthening its business portfolio. The company also recommended a dividend of 5% per share, allowing shareholders to participate in the year's success.
